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ER/PR Testing in Canada Continues to Make News

CEO SUMMARY: In Canada, the story about inaccurate breast cancer testing just won’t go away. In March, the Cameron Report was made public with its assessment of lab testing failures in Newfoundland and Labrador. In April, the health system in those provinces admitted that it ne…

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New Report: POC Market Will Grow 30% by 2013

CEO SUMMARY: It will be no surprise to lab directors and pathologists that Kalorama Information, in its latest report on point-of-care (POC) testing, estimates that glucose testing comprises 67% of this market segment. What is notable is Kalorama’s prediction that worldwide POC…

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Using Cellphones Like Microscopes To Help Lesser-Developed Countries

LAB PROFESSIONALS WHO HAVE worked in regions like Africa know that the infrastructure in developing countries is limited or nonexistent. This makes it challenging to provide clinical laboratory testing services that are up to the standards common in developed countries. For example, it can be diffic…

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Inaccurate Lab Results: What Happened in Canada?

MANY OF YOU HAVE HEARD ABOUT THE WIDELY-PUBLICIZED PROBLEMS with laboratory testing in several locations across Canada in the past few years. We update the situation with a fascinating intelligence briefing on pages 9-12. The first lab scandal to catch the public’s attention was the discovery that…

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Biotech Start-Up Firms Hiring Lab Professionals

CEO SUMMARY: It may be a tough job market right now for laboratory professionals. But investors, lured by the potential of personalized medicine and molecular diagnostics, continue to pour investment capital into new companies. In turn, these companies are actively recruiting exp…

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CMS Refuses to Return Competitive Bid Docs

CEO SUMMARY: The Acting Secretary of Health and Human Services (HHS) has refused the request of three San Diego-area labs for the return of their bid documents—even though the competitive bidding demonstration project was repealed by Congress last July. The HHS Acting Secretary…

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Despite the Recession, Many Local Labs Thrive

CEO SUMMARY: Each year, the Executive War College offers useful perspectives on the current lab testing marketplace. This year’s gathering took place as the recession deepened. Yet that didn’t dampen the optimism and energy of 60 speakers and more than 450 attendees from 12 c…

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May 18, 2009 “Intelligence: Late Breaking Lab News”

Experts are watching hospital finances to see whether slumping economic activity and growing unemployment rates are having an impact. At for-profit Tenet Healthcare Corporation, same-hospital paying admissions declined by 1.3% from Q1-08 to Q1-09. Tenet also said that its bad debt ra…

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Why Wall Street Likes Histology Lab Business

CEO SUMMARY: Over the past two decades, investor-owned anatomic pathology companies captured significant market share from community hospital-based pathology groups while delivering profits to their owners. Despite the recent downturn in the economy, Wall Street believes histolog…

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A Guilty Plea and A Global Flu Emergency

APRIL 2009 IS ON ITS WAY TO BECOMING A MILESTONE MONTH for the laboratory testing industry. On April 15, even as corporate officials from Quest Diagnostics Incorporated were walking into a federal courthouse to plead guilty to a criminal felony charge, health officia…

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